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March 28, 2012

LivHOME Launches LivIndependa, a Tablet-Computer Based Remote Care Service for Seniors

LOS ANGELES--(BUSINESS WIRE)--LivHOME, Inc., one of the nation’s largest providers of professionally led at-home care for seniors, today announced the launch of LivIndependa, a tablet-computer based remote care service for older adults.

The new service brings together LivHOME’s professionally led approach to care management with the latest tablet-computer based technology, developed by Independa, Inc. It is designed for older adults who require some level of support maintaining health, safety and quality of life in their own homes but do not yet require at-home caregiving. The service effectively extends LivHOME’s ability to provide care to a new generation of seniors.

“We’ve designed LivIndependa for seniors who could benefit from some level of home monitoring but do not yet need a caregiver in their homes. The new service remotely delivers our Care Managers’ expertise and oversight via Independa’s easy-to-use, tablet-computer based system. Quite simply, LivIndependa extends LivHOME care to a whole new generation of seniors,” said Mike Nicholson, LivHOME’s Chief Executive Officer.The new service brings together LivHOME’s professionally led approach to care management with the latest tablet-computer based technology, developed by Independa, Inc. It is designed for older adults who require some level of support maintaining health, safety and quality of life in their own homes but do not yet require at-home caregiving. The service effectively extends LivHOME’s ability to provide care to a new generation of seniors.

Developed in a new partnership with Independa, LivIndependa connects seniors with LivHOME professional Care Managers using Independa’s suite of integrated CloudCare solutions. The LivIndependa service is delivered through a one-touch, easy-to-use, tablet-based touchscreen interface. Features include:

Safety

Personal emergency response system

Check In calls for Activities of Daily Living

Care Manager monitoring

Control

Medication reminders

Appointment and social reminders

Engagement

Email

Video chat

Games

Internet browsing

Photos

Life Stories

“On the social side, LivIndependa helps older adults enjoy an entire new, easy way to communicate with others. This includes everything from email to photos and video chat. They can also use LivIndependa to record their Life Stories™, to be shared electronically with children and grandchildren,” notes Kian Saneii, Chief Executive Officer of Independa.

When a client signs up for the LivIndependa service, a LivHOME Care Manager works with all involved to customize the system to suit the individual client’s needs. LivHOME Care Managers then provide ongoing support, both in the home and remotely through the Caregiver Web App. For example, if the senior misses an appointment or a scheduled medication, a Care Manager will follow up. LivHOME monitors the system 24 hours a day, 7 days a week.

"The home care industry is booming – and like all growth industries, needs to be supported with enabling technologies that connect care providers, care recipients and families with vital information. LivIndependa is at the forefront of this important trend," observes Laurie Orlov, Principal Analyst and Founder of Aging in Place Technology Watch.

LivIndependa will be made available starting in the late Spring of 2012 at LivHOME locations around the country. For more information visit www.LivIndependa.com.

About LivHOME

LivHOME is one of the nation's largest providers of professionally led at-home care for seniors. The company is dedicated to finding solutions that enable older adults to remain in their homes as long as possible. LivHOME delivers high quality at-home care throughout California as well as Arlington, Va., Atlanta, Austin, Boston, Chicago, Denver, Houston, and Silver Spring, Md. LivHOME franchise locations are available across the U.S.

About Independa, Inc.

Independa offers leading technology-enabled independent-living solutions for the elderly. Independa’s best-of-breed Integrated CloudCare services enable organizations and individuals to cost-effectively help the elderly to remain independent longer, safer and more comfortably. The company, which has been featured in Entrepreneur Magazine, provides services including medication and appointment reminders, support for activities of daily living, comprehensive social engagement benefits, and wireless health and safety monitoring.

TULLIS HEALTH INVESTORS INC.

The firm was founded in 1986 by Jim Tullis, a leading health care investment banker and 14-time Institutional Investor All-Star. Under his leadership, the Tullis family of funds has been investing successfully and exclusively in privately held health care companies through several funds for over 30 years. Considered a pioneer in healthcare focused venture and growth capital, the team invests in all major areas of the healthcare industry. US-based, with an office in North Palm Beach, Florida, the firm also has international operations including a presence in Beijing. The team combines extensive operating and clinical experience in the US and globally, with a strong history of successful health care private equity investing.

Investment Approach

Tullis provides equity and equity-related capital to small and emerging health care companies.Tullis focuses on companies that have already established operations or have completed a substantial portion of their development process for new products, technologies and services. Many Tullis companies have generated meaningful revenue and require capital in order to reach value-enhancing milestones in a defined two- to four-year period. Others are research and development stage medical companies which have passed key milestones, but require additional capital to achieve commercial status.